Dilemma not Trilemma? Capital Controls and Exchange Rates with Volatile Capital Flows. Emmanuel Farhi, October 2013, Paper. "We consider a…
Advancing Evidence-Based Policymaking to Solve Social Problems. Jeffrey Liebman, Fall 2013, Paper. "Despite spending billions and…
The Deterioration in the US Fiscal Outlook, 2001-2010. Jeffrey Liebman, October 2013, Paper. "From 1999 to 2001, US budget…
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Crisis and Commitment: Inflation Credibility and the Vulnerability to Sovereign Debt Crises. Mark Aguiar, Manual Amador, Emmanuel Farhi,…
The Taper Chase. Martin Feldstein, September 30, 2013, Opinion. "Global financial markets were stunned when the US Federal Reserve…
Return Predictability in the Treasury Market: Real Rates, Inflation, and Liquidity. Luis M. Viceira, September 27, 2013, Paper. "Estimating…
Yield-Oriented Investors and the Monetary Transmission Mechanism. Jeremy Stein, September 26, 2013, Opinion. "Let me start by thanking the…
The Fed is wrong to put off the return to normality. Martin Feldstein, September 22, 2013, Opinion. "The US Federal Reserve’s decision last…
How to Create a Real Economic Stimulus. Martin Feldstein, September 16, 2013, Opinion. "Earlier this year, former U.S. Treasury Secretary…
Regulation versus Taxation. Alberto Alesina, September 16, 2013, Paper. "We study which policy tool and at what level a majority…